Savannah Resources PLC · LSE:SAV
Savannah Resources — Investor Meet Company (June 2024)
17 slides from Savannah Resources's conference presentation, June 2024
Slide 1: Building Europe's Leading Conventional Lithium Project in Portugal
SAVANNAH RESOURCES Building Europe’s Leading Conventional Lithium Project in Portugal Investor Meet Company June 2024
Slide 2: Disclaimer
Disclaimer The information contained in these slides and the accompanying oral presentation (together, the "Presentation") have not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000 ("FSMA"). If any person is in any doubt as to the contents of th
Slide 3: Agenda
Agenda • AMG Partnership • Changes to the Board • Timeline & valuation • Summary and Questions
Slide 4: Background on AMG – introducing Savannah's new Strategic Partner
Background on AMG – introducing Savannah’s new Strategic Partner • Established in 2007, listed on Amsterdam SE (AMS: AMG). Corporate HQ in USA • A global critical materials company with approximately 3,600 employees operating in Germany, UK, France, USA, China, Mexico, Brazil, India, Sri Lanka, AMG’
Slide 5: Key pillars of the Partnership
Key pillars of the Partnership • Investment: AMG Lithium has invested £16m in Savannah. 4.67p/share subscription price represented a 35% premium to the 30-day VWAP pre-agreement, and matches last July’s placing price • Significant Shareholding: AMG becomes Savannah's largest shareholder with a 15.8%
Slide 6: What the partnership means for Savannah
What the partnership means for Savannah • Near term funding: Savannah now has over £21m cash1. Cash will allow Savannah to reach a Final Investment Decision point by completing current project workstreams and to continue expanding its team. NEAR TERM PROGRESS DERISKED • Potential full funding: If AM
Slide 7: Agenda
Agenda • AMG Partnership • Changes to the Board • Timeline & valuation • Summary and Questions
Slide 8: Introducing the new Savannah Board - a leadership team for the future
Introducing the new Savannah Board - a leadership team for the future Since September 2023 Savannah’s Board has been significantly reshaped in preparation for its future as a lithium producer in Portugal Chair: Rick Anthon 30+ yrs as an Exec & Lawyer. 10 yrs in Lithium with Allkem from IPO to AUD 16
Slide 9: Building the right leadership team - Savannah's Management Team
Building the right leadership team - Savannah’s Management Team CEO: Emanuel Proença +1 CTO: Dale Ferguson CFO: Michael McGarty Accountant. 25+ years of Financial Management experience including Strategic Planning, Fundraising, M&A and Contract Negotiations Exploration Manager Head of IR & Comms Joh
Slide 10: Agenda
Agenda • AMG Partnership • Changes to the Board • Timeline & valuation • Summary and Questions
Slide 11: Project timeline: We remain on track
Project timeline: We remain on track Revised EIA submitted 2nd public consultation Positive DIA received New Scoping Study Resource increased Social studies done • Financing optimisation Savannah acquires to 27Mt at 1.06% Li2O RECAPE work initiated • Talent mobilisation plan & expands the Pr
Slide 12: Savannah Resources – At a glance
Savannah Resources – At a glance • 100% owner of the Barroso Lithium Project in Portugal, Europe’s largest spodumene lithium deposit • Recently partnered with AMG Critical Materials N.V (‘AMG’), a global critical materials business, established spodumene producer and new lithium chemical producer in
Slide 13: The value opportunity right now
1 The value opportunity right now: For Investors – A clear path to value generation • SAV at 0.13x post-tax NPV (8%) of US$953m2 (was 0.08x in May-24) P/NAV (x) for lithium peer group1 • Vs. Post Scoping St Li peers at 0.3x P/NAV 1.8 3 1.6 2 Savannah to unlock greater value by passing milestones (20
Slide 14: Agenda
Agenda • AMG Partnership • Changes to the Board • Timeline & valuation • Summary and Questions
Slide 15: For investors: Next steps & Upcoming News flow
For investors: Next steps & Upcoming News flow • Complete the current technical workstreams • Drilling phase 2 (remaining assays to come from phase 1) • Further resource upgrades (from Q3 2024) • DFS (by the end of 2024) • Environmental Licencing (Completed soon after DFS finalised) • AMG Director a
Slide 16: Summary highlights
Summary highlights Scale: Europe’s largest lithium spodumene resource, AND still open to further extension Strategic: A secure domestic supply of a responsibly managed material ‘critical’ for Europe’s energy transition Partnered: Partnered with AMG, an established lithium industry player with
Slide 17: Thank you
Thank you Enabling Europe’s energy transition www.savannahresources.com Follow Savannah Resources on LinkedIn Follow @SavannahRes on Twitter 17 [email protected]
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